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  • The Manipulation of Gold Prices [View article]
    Commodity markets & futures.

    Mr Conrad needs to learn about the futures markets.

    If gold is at 600 & starts a rising trend then more speculators & small players start to go long.
    For them to go long they need to buy their positions from the Commercial sellers.
    ie as they buy their longs from the commercials the commercials are buying shorts to cover their positions.

    So in futures markets long positions always rise as the prices increases to it's peak.
    Ergo this means that short positions that the sellers are holding always rise as the price pushes forwards to it's peak.

    Then when prices top longs liquidate their positions so the numbers of longs decrease all the way down to the bottom.
    Ergo the short positions the sellers are holding decrease all the way to the bottom.

    Conrad speculating that this only occurs in the silver & gold markets means he doesn't understand these markets & is guessing on the movements.

    Likewise you will see the positions above mentioned run in reverse when a commodity is trending down & speculators are shorting it.

    The speculators are going short on a falling price; the commercial sellers are selling long positions to them & buying short positions as the price falls to it's bottom & when it hits bottom & reverses you will see the speculators selling their positions back to the commercials & hence we see the speculative shorts reduce as the price rises whilst the commercials long (covering their positions) reduce their numbers.

    This is the natural see-saw of positions as speculators take one side & increase their positions by purchasing off the commercials who naturally cover with the opposite side of the trade.

    Having studied the COTs positions for years it's clear this increasing & decreasing of positions as prices rise & fall is simple Trading 101

    One wonders why writers speculate about what they don't know and then spoon feed their ignorance to their gullible readers.

    Stating belief as fact is a sad base to speculate upon which is what many new to the PM markets tend to do.
    Dec 04 22:27 pm |Rating: +8 -5 |Link to Comment
  • Did the ECB Save COMEX from Gold Default? [View article]
    This author has so many facts wrong that he should keep to being a lawyer & keep his eyes open.

    And all the goldbug readers should learn to read looking for facts before jumping on others misunderstandings & praising them as gospel.

    So many numbers here are simply wrong & the speculation is rampant.

    Now how many ounces in a gold contract?
    And who can spot the other mistakes that just blow this author back to the kindergarten.

    Apr 02 20:58 pm |Rating: +2 -3 |Link to Comment
  • The Manipulation of Gold Prices [View article]
    Paragraph should read:
    The speculators are going short on a falling price; the commercial sellers are selling short positions to them & buying long positions as the price falls to it's bottom & when it hits bottom & reverses you will see the speculators selling their positions back to the commercials & hence we see the speculative shorts reduce their positions as the price rises whilst the commercials long (covering their positions) reduce their numbers.
    Dec 04 22:31 pm |Rating: +2 -2 |Link to Comment
  • Countdown of Manipulated Gold Price Running Out  [View article]
    Lease rates are up because Libor is up.
    Oct 15 11:35 am |Rating: 0 0 |Link to Comment
  • The Fed Has Made the Entire U.S. a Hedge Fund - Get Your Portfolio Ready [View article]
    What amazes me is that Paulson is worth $700 billion & I would guess most is invested through Goldman Sachs.

    Considering that one of the biggest beneficiaries of the bailout will be Goldman Sachs isn't this a conflict of interest.

    If GS collapses then Paulson would loose his 700 million.

    So Paulson's bailout is worth 1% of the total sum of the bailout.

    No wonder he got down on one knee.....

    Since this event has happened on his watch I would suggest that Paulson should donate 95% of his wealth to support the system that he let fail.

    The same should apply to all the grossly high fliers of Wall Street & US Politics starting at the top with George Bush.

    Considering that the wealthiest people in the US garnered their money through the markets & bubbles then perhaps they are the ones who should dig deep to support the system that makes them wealthy & keeps the lower classes working.

    Considering what Paulson stands to loose I consider his involvement a huge conflict of interest & so should the people of America.
    Sep 29 00:29 am |Rating: 0 0 |Link to Comment
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